Shinhan Financial Stock Forecast - Day Typical Price
SHG Stock | USD 40.04 0.29 0.73% |
Shinhan Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Shinhan Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Shinhan |
Previous Day Typical Price | Day Typical Price | Trend |
40.16 | 40.16 |
Check Shinhan Financial Volatility | Backtest Shinhan Financial | Information Ratio |
Shinhan Financial Trading Date Momentum
On November 26 2024 Shinhan Financial Group was traded for 40.04 at the closing time. Highest Shinhan Financial's price during the trading hours was 40.43 and the lowest price during the day was 40.02 . There was no trading activity during the period 0.0. Lack of trading volume on the 26th of November did not result in any price rise and fall. The trading price change to current price is 0.90% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Shinhan Financial
For every potential investor in Shinhan, whether a beginner or expert, Shinhan Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Shinhan Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Shinhan. Basic forecasting techniques help filter out the noise by identifying Shinhan Financial's price trends.Shinhan Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shinhan Financial stock to make a market-neutral strategy. Peer analysis of Shinhan Financial could also be used in its relative valuation, which is a method of valuing Shinhan Financial by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Shinhan Financial Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Shinhan Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Shinhan Financial's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Shinhan Financial Market Strength Events
Market strength indicators help investors to evaluate how Shinhan Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shinhan Financial shares will generate the highest return on investment. By undertsting and applying Shinhan Financial stock market strength indicators, traders can identify Shinhan Financial Group entry and exit signals to maximize returns.
Shinhan Financial Risk Indicators
The analysis of Shinhan Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Shinhan Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting shinhan stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.58 | |||
Standard Deviation | 2.26 | |||
Variance | 5.13 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Shinhan Financial to cross-verify your projections. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.108 | Dividend Share 3.2 K | Earnings Share 6.19 | Revenue Per Share 29 K | Quarterly Revenue Growth 2.224 |
The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.